TY - JOUR
T1 - Services content of Japanese trade
AU - Kiyota, Kozo
N1 - Funding Information:
This paper is a chapter of my 2002 Keio University Ph.D. Thesis. Special thanks to my advisors, Fukunari Kimura and Masahiko Shimizu, for guidance and support. I am grateful for the comments and suggestions from Peter Drysdale, Keith Maskus, Kozo Miyagawa, Masayuki Morikawa, Shujiro Urata and participants at the Annual Meeting of the Japanese Economic Association at Hitotsubashi University, Tokyo, Japan, on 7 and 8 October 2001. I also would like to thank Kyoji Fukao and Keiko Ito for the trade data used in Section 4 of the paper. Comments from anonymous referees are appreciated. Financial supports from the International Center for the Study of East Asian Development, Kitakyushu (ICSEAD) and Japan Economic Research Foundation are also acknowledged. However, the opinions expressed in this paper are entirely mine.
PY - 2005/8
Y1 - 2005/8
N2 - This paper investigates the scale of direct and indirect services trade, or services content, in Japanese trade between 1985 and 1995 using data from Japanese input-output tables. The empirical analysis revealed that the services content reflected the characteristics of the Japanese economy. The scale of research and development (R&D) services in total services trade has been much higher throughout the period than has the scale of other services. The R&D services content of Japanese merchandise exports amounted to US$ 27.0 billion in 1995, 84.3 percent of which was channeled through machinery exports. The R&D services content of Japanese machinery exports toward East and Southeast Asia grew rapidly, especially toward ASEAN countries. Our results confirm the importance of the traded-related international R&D spillovers.
AB - This paper investigates the scale of direct and indirect services trade, or services content, in Japanese trade between 1985 and 1995 using data from Japanese input-output tables. The empirical analysis revealed that the services content reflected the characteristics of the Japanese economy. The scale of research and development (R&D) services in total services trade has been much higher throughout the period than has the scale of other services. The R&D services content of Japanese merchandise exports amounted to US$ 27.0 billion in 1995, 84.3 percent of which was channeled through machinery exports. The R&D services content of Japanese machinery exports toward East and Southeast Asia grew rapidly, especially toward ASEAN countries. Our results confirm the importance of the traded-related international R&D spillovers.
KW - International R&D spillover
KW - Services content
KW - Trade in services
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U2 - 10.1016/j.japwor.2004.01.002
DO - 10.1016/j.japwor.2004.01.002
M3 - Article
AN - SCOPUS:13844281447
SN - 0922-1425
VL - 17
SP - 261
EP - 292
JO - Japan and the World Economy
JF - Japan and the World Economy
IS - 3
ER -